Filing Flows › North European Oil Royalty Trust (NRT) › Q1 FY26
North European Oil Royalty Trust (NRT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Mar 2, 2026
North European Oil Royalty Trust (NRT) reported revenue of $2.2M for the first quarter fiscal 2026 (Q1 FY26), +329% from a year earlier. Operating margin was 87.2%, net earnings $1.9M (87.2% of revenue).
North European Oil Royalty Trust, Q1 FY26: revenue $2.2M (+330% year over year), operating margin 87.2%, net earnings $1.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | — | +329% |
| Operating profit | $1.9M | — | +581% |
| Net earnings | $1.9M | — | +581% |
What changed
Revenue was $2.2M in Q1 FY26, up 329% year over year.
Operating profit was $1.9M, a 87.2% margin (up 32.2 points year over year). Of the extra revenue versus a year earlier, 97% reached operating profit, above the 55% margin then. Total costs grew 22% against revenue growth of 329%. Net earnings were $1.9M, up 581% year over year. The effective tax rate was 0.0%.
Questions
What was North European Oil Royalty Trust's revenue in the first quarter fiscal 2026?
North European Oil Royalty Trust (NRT) reported revenue of $2.2M for the first quarter fiscal 2026 (Q1 FY26), +329% from a year earlier.
Was North European Oil Royalty Trust profitable in the first quarter fiscal 2026?
Operating profit was $1.9M (87.2% of revenue) and net earnings $1.9M.